Banner 0
Banner 1
Banner 2
Banner 3
Banner 4
Banner 5
Banner 6
Banner 7
Banner 8
Banner 9

Q.

Bretton Woods agreement came into effect in ____ .


see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.
An Intiative by Sri Chaitanya

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

JEE

NEET

NEET

Foundation JEE

Foundation JEE

Foundation NEET

Foundation NEET

CBSE

CBSE

Detailed Solution

Bretton Woods's agreement came into effect in 1944. A new system of international money was formed under the agreement. The U.S. dollar became the primary world currency, replacing the gold standard. The only nation that could print dollars once the agreement was signed was the United States. The new pact helped America solidify its position as the leading economic force in the world. After the 1944 Bretton Woods Agreement, the Bretton Woods System established monetary ties between the United States, Canada, Australia, and Japan. In addition, the Bretton Woods System founded two influential organisations: the International Monetary Fund (IMF) and  World Bank.
 
Watch 3-min video & get full concept clarity
score_test_img

courses

No courses found

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Get Expert Academic Guidance – Connect with a Counselor Today!

best study material, now at your finger tips!

  • promsvg

    live classes

  • promsvg

    progress tracking

  • promsvg

    24x7 mentored guidance

  • promsvg

    study plan analysis

download the app

gplay
mentor

Download the App

gplay
whats app icon
personalised 1:1 online tutoring